Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Hong Kong

For one person, living is cheaper in Pangyo: $1,460 a month against $2,984 in Hong Kong, rent and utilities included – about $18,300 less a year. Higher rent and utilities in Hong Kong outweigh lower spending on other living expenses.

72

Cost of Living Index in Pangyo
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Pangyo Living Index
144

Cost of Living Index in Hong Kong
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Hong Kong Living Index

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Pangyo

🇰🇷 South Korea

$1,460

/mo nomad

Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Hong Kong

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Pangyo and in Hong Kong actually costs, broken down by who's living it.

A single person spends $1,460 per month in Pangyo vs $2,984 in Hong Kong, rent included.

Pangyo $1,460
Hong Kong $2,984

A couple spends around $2,303 per month in Pangyo vs $4,558 in Hong Kong, rent included.

Pangyo $2,303
Hong Kong $4,558

A family of three spends $3,145 per month in Pangyo vs $6,132 in Hong Kong, rent included.

Pangyo $3,145
Hong Kong $6,132

Pangyo is about 51% cheaper than Hong Kong, and outside of rent the biggest gap is in eating out.

Both Pangyo and Hong Kong sit above the global median – Pangyo by 9%, Hong Kong by 123%.

Meal at Budget Restaurant

$7.17 ₩9,634

$8.46 HK$66.4

-15.25%

Three-Course Dinner for Two, Mid-Range

$30.05 ₩40.4K

$63.2 HK$496

-52.43%

Fast Food Meal (McDonalds, etc)

$6.54 ₩8,788

$6.20 HK$48.66

5.48%

Cappuccino

$4.03 ₩5,407

$4.90 HK$38.42

-17.76%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.51 ₩2,028

$1.27 HK$10.01

18.90%

Water (0.33 liter bottle)

$0.71 ₩956

$1.06 HK$8.31

-33.02%

Local Beer (0.5 liter draught)

$2.96 ₩3,982

$7.68 HK$60.3

-61.46%

Imported Beer (0.33 liter bottle)

$3.98 ₩5,348

$6.28 HK$49.24

-36.62%

Milk (1 liter)

$2.30 ₩3,091

$2.86 HK$22.45

-19.58%

White Bread (500g)

$3.19 ₩4,284

$2.43 HK$19.10

31.28%

Rice (white) (1kg)

$2.74 ₩3,682

$2.18 HK$17.09

25.69%

Eggs

$2.69 ₩3,615

$3.54 HK$27.80

-24.01%

Local Cheese (1kg)

$10.88 ₩14.6K

$25.12 HK$197

-56.69%

Chicken Fillets (1kg)

$7.91 ₩10.6K

$8.89 HK$69.8

-11.02%

Beef Round Steak (1kg)

$21.43 ₩28.8K

$17.63 HK$138

21.55%

Apples (1kg)

$7.68 ₩10.3K

$4.11 HK$32.23

86.86%

Banana (1kg)

$3.62 ₩4,858

$2.72 HK$21.32

33.09%

Oranges (1kg)

$7.50 ₩10.1K

$4.59 HK$36.05

63.40%

Tomato (1kg)

$6.11 ₩8,201

$4.02 HK$31.52

51.99%

Potato (1kg)

$3.62 ₩4,859

$3.25 HK$25.50

11.38%

Onion (1kg)

$2.68 ₩3,596

$3.27 HK$25.70

-18.04%

Lettuce (1 head)

$2.78 ₩3,740

$1.60 HK$12.54

73.75%

Water (1.5 liter bottle)

$1.28 ₩1,719

$1.73 HK$13.56

-26.01%

Cigarettes 20 Pack (Marlboro, Camel)

$3.45 ₩4,635

$13.14 HK$103

-73.74%

Wine (Bottle)

$18.84 ₩25.3K

$16.59 HK$130

13.56%

Local Beer (0.5 liter bottle)

$2.29 ₩3,078

$2.01 HK$15.80

13.93%

Imported Beer (0.33 liter bottle)

$3.46 ₩4,649

$2.18 HK$17.13

58.72%

One-way Ticket (Public Transport)

$1.10 ₩1,479

$1.44 HK$11.31

-23.61%

Public Transport Monthly Pass (Regular Price)

$47.53 ₩63.8K

$89.1 HK$699

-46.63%

Taxi Start (Normal Tariff)

$3.36 ₩4,515

$3.64 HK$28.54

-7.69%

Taxi (Normal Tariff) (1km)

$0.66 ₩884

$1.31 HK$10.29

-49.62%

Taxi 1hour Waiting (Normal Tariff)

$13.05 ₩17.5K

$15.82 HK$124

-17.51%

Gasoline (1 liter)

$1.41 ₩1,891

$4.06 HK$31.89

-65.27%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.8K ₩41.3M

$44.4K HK$348.2K

-30.68%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$38.4K ₩51.6M

$37.4K HK$293.2K

2.75%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$199 ₩267.4K

$247 HK$1,942

-19.53%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$36.74 ₩49.3K

$15.89 HK$125

131.21%

Internet (50+ Mbps, Unlimited Data)

$22.15 ₩29.8K

$21.46 HK$168

3.22%

Gym Membership (Monthly)

$51.2 ₩68.7K

$91.4 HK$717

-44.00%

Tennis Court (1 Hour on Weekend)

$11.91 ₩16.0K

$9.08 HK$71.3

31.17%

Cinema Ticket

$11.13 ₩14.9K

$13.96 HK$110

-20.27%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$526 ₩706.1K

$1,155 HK$9,068

-54.50%

International Primary School, 1 Child (Yearly)

$21.7K ₩29.1M

$22.3K HK$174.6K

-2.61%

Jeans (Levis 501 Or Similar)

$65.7 ₩88.2K

$68.9 HK$541

-4.67%

Summer Dress (H&M, Zara, etc)

$64.1 ₩86.1K

$40.44 HK$317

58.53%

Sport Shoes (Adidas, Nike)

$74.5 ₩100.1K

$79.9 HK$627

-6.78%

Men's Leather Business Shoes

$101 ₩135.6K

$118 HK$923

-14.16%

1-bedroom Apartment, City Center (Monthly)

$478 ₩642.6K

$2,180 HK$17.1K

-78.05%

1-bedroom Apartment, Outside City Center (Monthly)

$361 ₩484.9K

$1,718 HK$13.5K

-78.98%

3-bedroom Apartment, City Center (Monthly)

$1,182 ₩1.6M

$5,047 HK$39.6K

-76.58%

3-bedroom Apartment, Outside City Center (Monthly)

$735 ₩987.8K

$3,543 HK$27.8K

-79.24%

Buy Apartment in City Center (m2)

$7,053 ₩9.5M

$29.1K HK$228.7K

-75.80%

Buy Apartment Outside City Center (m2)

$5,546 ₩7.4M

$17.6K HK$137.9K

-68.44%

Average Monthly Net Salary (After Tax)

$5,262 ₩7.1M

$3,228 HK$25.3K

63.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

3.91

4.86%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Pangyo: October 4, 2026

Last update for Hong Kong: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Pangyo

$433 29.3%

Hong Kong

$415 13.9% 4.1% $18

Accommodation & Living

Pangyo

$361 24.4%

Hong Kong

$1.7K 57.5% 376% $1.4K

Monthly Utilities & Internet

Pangyo

$258 17.5%

Hong Kong

$285 9.5% 10.4% $27

Eating Out

Pangyo

$157 10.6%

Hong Kong

$205 6.9% 30.8% $48

Clothing & Footwear

Pangyo

$137 9.3%

Hong Kong

$138 4.6% 0.5% $0.7

Sport & Entertainment

Pangyo

$73 5%

Hong Kong

$119 4% 62.5% $46

Getting Around

Pangyo

$59 4%

Hong Kong

$105 3.5% 79.2% $46

Cost Breakdown

A central one-bedroom costs $478 in Pangyo versus $2,180 in Hong Kong. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 63% higher in Pangyo, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $30.00 in Pangyo versus $63.0 in Hong Kong. Groceries tell a different story – $433 in Pangyo vs $415 in Hong Kong – so Hong Kong wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Pangyo

🇭🇰 Hong Kong

🕒 Local time

17:35 5:35 PM

16:35 4:35 PM

1 h behind Pangyo

🌤 Weather

👥 Population

1,367,900 Capital

💱 Currency

South Korean Won KRW ₩

Hong Kong Dollar HKD $

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.64 EUR

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

Exchange rates and currency converter

HKD, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,506 KRW (10,000 KRW = 6.64 EUR).

Hong Kong Dollar exchange rates as of October 10, 2026: 1 USD = 7.85 HKD (1 HKD = 0.127 USD). 1 EUR = 8.8 HKD (1 HKD = 0.114 EUR).

USD to KRW in detail →

On the map

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Between locations

Pangyo Hong Kong 2,090 km ≈ 3 h nonstop flight

From you

Pangyo
Hong Kong

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Pangyo vs Hong Kong: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,460 in Pangyo, $2,984 in Hong Kong – roughly 104% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,191 per month in Pangyo and $4,476 in Hong Kong. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pangyo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $30.00 in Pangyo and $63.0 in Hong Kong. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,460 in Pangyo and $2,984 in Hong Kong. That's a gap of about 104%.

A $1,500 monthly budget goes further in Pangyo, where all-in costs run around $1,460, than in Hong Kong at $2,984. In Pangyo it covers expenses comfortably, while in Hong Kong it requires careful planning or may not stretch far enough.

It depends on your priorities. Hong Kong has an edge in some lifestyle areas, with costs from $1,460 in Pangyo to $2,984 in Hong Kong. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Pangyo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hong Kong makes more sense. Both are solid long-term options with distinct trade-offs.